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Technology Stocks : BackWeb Technologies Ltd (BWEB) -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (321)	7/21/1999 10:23:00 AM
From: sunny	Respond to of 584

Why takes??? It actually took a stake in BackWeb some time ago. Don't see the article to state something different. Softbank took a stake in them before the IPO. That's at least what I have learned. Regards sunny

To: $Mogul who wrote (321)	7/26/1999 8:05:00 AM
From: 2MAR$	Read Replies (1) \| Respond to of 584

BackWeb Reports Record Revenues for Second Quarter 1999; Growth Was 150% Year-Over-Year and 24% Quarter-Over-Quarter SAN JOSE, Calif., July 26 /PRNewswire/ -- BackWeb® Technologies Ltd. (Nasdaq: BWEB - news), a leading provider of Priority Internet communication infrastructure for the extended enterprise, today announced record results for the second quarter ended June 30, 1999. Revenues for the period were $5.1 million, a 150% increase over those of the prior year and a 24% advance over the quarter ended March 31, 1999. Excluding amortization charges related to previous acquisitions and deferred stock compensation, BackWeb's operating net loss for second-quarter 1999 was $2.4 million, or ($0.09) per share, compared to the $3.5 million, or ($0.18) per share, reported for second quarter of 1998. Including amortization charges, BackWeb's net loss for the quarter ended June 30, 1999, was $3.3 million, or ($0.12) per share compared to the $3.9 million, or ($0.20) per share, recorded for the second quarter of 1998. Commenting on these results, BackWeb Chairman and CEO Eli Barkat said, ''We are very pleased with the progress we made on achieving our goals during second quarter, 1999. Our strong revenue growth, key customer wins, and growing strategic alliances continue to move us closer toward our objective of being recognized as the de facto standard in Priority Internet communications.'' During the second quarter, BackWeb announced a number of strategic customer wins including U S WEST, which will use BackWeb to expand the portal experience for ISP and high-capacity broadband network services. In addition, Hewlett-Packard started shipping BackWeb on all new HP Pavilion home PCs as part of that company's expansion of its service and support capabilities. These successes in the business-to-consumer market are expected to add millions of BackWeb seats over the next 12 months. BackWeb also announced new distribution and partnership agreements during 1999's second quarter that will further substantiate the Company's penetration of the Global 1000 market. These alliances include SAP AG and its use of BackWeb in its SAP(TM) Customer Relationship Management (CRM) offerings; Baan Company and its integration of BackWeb into its customer relationship management product line; and Deloitte Consulting and its establishment of BackWeb-focused consulting services as a key component of its e-Business practice. On the technology front, BackWeb further strengthened barriers to entry with its receipt of a patent on its Polite Agent(TM) technology from the United States Patent and Trademark Office. BackWeb's Polite communications software senses periods of idle bandwidth and uses that time to efficiently transmit data through networks. This technology enables users to access critical data without interrupting other applications and activities such as access to e-mail and the Web. Finally, during second quarter, 1999, BackWeb Technologies achieved a major milestone in the Company's four-year history with the initial public offering of its ordinary shares on the Nasdaq National Market under the trading symbol BWEB. BackWeb issued 6.325 million shares and raised nearly $68 million. About BackWeb Technologies